The release of DeepSeek refuelled the conversation about an emerging ‘Cold War’ bringing to focus the global race for AI dominance. And the 2025 AI Action Summit in Paris did little to allay the fears associated with a technology that is fast reshaping our lives. The fault line was wide open as the world leaders […]
The Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC) on the 7th of February cut its policy interest rate by a 25-basis point, marking the first reduction in nearly five years. The ground for this rate cut was laid in the Budget for 2025-26 which was presented on February 1. In the Budget, the […]
The World Bank and the International Monetary Fund (IMF) see India continue to be the fastest-growing major economy for the next few years despite a slowdown and global uncertainties. For 2025-26 and 2026-27, the World Bank has projected 6.7 per cent growth for the country while the IMF pegged it at a conservative 6.5 per […]
Q2 GDP slowdown could be partly a result of low government spending in 2024 as it was a long election year. This could reverse with higher public expenditure. Moreover, the monetary policy is also expected to take a fresh route now with the new Governor at the helm in the Reserve Bank of India (RBI). […]
Strengthening the Micro, Small and Medium Enterprises (MSMEs) sector is key to growth in the Amrit Kal to make India a developed nation by 2047, the 100th year of India’s Independence. With approximately 30 per cent of the country’s GDP, 45 per cent of manufacturing output, and 211 million employees/workers, MSMEs are the backbone of […]
India, which contributes USD 35 billion annually to textile exports, has set its sights on an ambitious goal of USD 100 billion by 2030 with the 5F vision of “Farm to Fibre to Factory to Fashion to Foreign”. After a 7.87 per cent decline from USD 37.16 billion in 2018 to USD 34.24 billion in […]
The thrust laid by the government on capital expenditure (investment) over the last few years aided post-Covid recovery and ensured support to the growth momentum. Given the uncertainty amidst persisting global headwinds, the government’s thrust on public capex on physical, social and digital infrastructure will likely continue, but at a moderate pace in the coming […]
A thinking man’s intellectual, Dr Manmohan Singh was one of the finest economists his era had seen; a gleaming example of a doer who silently did his job. As India mourns the loss of Dr Manmohan Singh, who passed away on recently in AIIMS, New Delhi, there is a feeling of disbelief. If we could […]
Seen as an inflation hawk, Shaktikanta Das navigated India deftly through the Covid-19 crisis. But he has demitted office at a time when economy is slowing and a 4 per cent inflation target remains an unfinished agenda. Shaktikanta Das’s eventful tenure as the 25th Governor of the Reserve Bank of India (RBI) ended this […]
The wave of sustainability-related regulatory changes in Europe may soon breach Indian coasts. The EU is among India’s key export markets after the United States. India’s bilateral trade in goods with the EU reached USD 137.41 billion in 2023-24, with imports at USD 61.48 billion and exports at USD 75.93 billion. While EU is India’s […]